[ALUmnus]

This dude made a game app for the iPhone, and in two months has made over $600k. Scorcho, get on it!

http://blog.wired.com/gadgets/2009/02/s ... c148364123

Apple's iPhone application store is as crowded as a Beyonce concert, with more than 20,000 apps available. But one independent developer still managed to rake in $600,000 in a single month with a single iPhone game.

Ethan Nicholas, developer of a tank artillery game called iShoot, told Wired.com he quit his job the day his app rose to No. 1 in the App Store, earning him $37,000 in a single day.

"I'm not going to be a millionaire in the next month, but I'd be shocked if it didn't happen at the end of the year," he said in a phone interview. "If it weren't for taxes I would be a millionaire right now."

[El Scorcho]

There is a LOT of money being made in the App Store right now. This is definitely not an isolated story.

In fact, I read a story about five high school kids who made a $0.99 app called "iFart". It was what it sounds like. Push buttons and hear fart noises.

It stayed in the Top 10 paid apps for three solid months. Word on the web is they pulled in $750k in that stretch. Even if you consider that they split it five ways, that's some serious scratch for turning a $200 phone into a fart machine.